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Livermore
Livermore
ZHEN

TB Alternative Assets Ltd.

SEC CIK
0001483503
Latest filing
Jul 17, 2026

Holdings in Q1 2022

Holdings as of Mar 31, 2022, filed Apr 29, 2022. Long positions only; changes compare share counts with Q4 2021.

Institution overview
Positions
38
+7 vs. Q4 2021
Portfolio value
$291.2M
−$47.3M (−14.0%) vs. Q4 2021
Filed
Apr 29, 2022
SEC
Holdings of TB Alternative Assets Ltd. in Q1 2022
SecurityClassSharesValue% of portfolioShare changeActionHistory
BEKEKE Holdings Inc.SPONSORED ADS6,122,914$75.7M26.0%−2,250,949−26.9%ReducedHistory
SNAPSnap IncStock833,400$30.0M10.3%+833,400NewHistory
Proshares Ultrapro Short Qqq - US ETP74347G432Exchange-Traded Fund628,600$21.2M7.3%+628,600New–
HOODRobinhood Markets, Inc.Stock1,382,100$18.7M6.4%+1,382,100NewHistory
TMETencent Music Entertainment GroupSPON ADS2,475,741$12.1M4.1%−818,659−24.9%ReducedHistory
PEARPear Therapeutics, Inc.CLASS A COM2,071,865$10.5M3.6%00.0%UnchangedHistory
PDDPDD Holdings Inc.SPONSORED ADS257,500$10.3M3.5%+257,500NewHistory
SCOProShares Trust IIULSHT BLOOMB OIL1,756,000$10.2M3.5%+1,756,000NewHistory
DIDIYDiDi Global Inc.SPONSORED ADS3,394,600$8.49M2.9%+3,394,600NewHistory
PINSPinterest, Inc.CL A332,700$8.19M2.8%+332,700NewHistory
CCJCameco CorpStock267,400$7.78M2.7%+267,400NewHistory
UBERUber Technologies, IncStock208,700$7.45M2.6%00.0%UnchangedHistory
FUTUFutu Holdings LtdSPON ADS CL A208,000$6.77M2.3%−57,000−21.5%ReducedHistory
SYSo-Young International Inc.SPONSORED ADS3,067,873$6.07M2.1%00.0%UnchangedHistory
Direxion Shs ETF Tr25459W771DL FTSE BLL 3X1,150,201$5.31M1.8%+1,150,201New–
Direxion Shs ETF Tr25460E521DAILY FTSE CHINA280,700$4.59M1.6%+280,700New–
VIPSVipshop Holdings LtdSPONSORED ADS A487,900$4.39M1.5%−180,400−27.0%ReducedHistory
BILIBilibili Inc.SPONS ADS REP Z159,100$4.07M1.4%−126,500−44.3%ReducedHistory
IQiQIYI, Inc.SPONSORED ADS845,500$3.84M1.3%−426,300−33.5%ReducedHistory
DAOYoudao, Inc.SPONSORED ADS508,145$3.61M1.2%−33,655−6.2%ReducedHistory
OXYOccidental Petroleum CorpStock59,800$3.39M1.2%+59,800NewHistory
TALKTalkspace, Inc.COM1,932,612$3.36M1.2%00.0%UnchangedHistory
ZTOZTO Express (Cayman) Inc.SPONSORED ADS A127,133$3.18M1.1%−334,352−72.5%ReducedHistory
FINVFinVolution GroupSPONSORED ADS709,278$2.82M1.0%00.0%UnchangedHistory
MOGUMOGU Inc.SPON ADS694,418$2.44M0.8%00.0%UnchangedConverted for a 1-for-12 splitHistory
EDUNew Oriental Education & Technology Group Inc.SPON ADR2,095,800$2.41M0.8%+2,095,800NewHistory
BLDPBallard Power Systems Inc.COM192,100$2.24M0.8%00.0%UnchangedHistory
LITBLightInTheBox Holding Co., Ltd.SPONSORED ADR2,097,217$2.20M0.8%−15,638−0.7%ReducedHistory
XYZBlock, Inc.CL A14,300$1.94M0.7%+14,300NewHistory
APIAgora, Inc.ADS156,300$1.55M0.5%−73,800−32.1%ReducedHistory
YJYunji Inc.ADS RP CL A1,463,009$1.49M0.5%−22,771−1.5%ReducedHistory
UGLProShares Trust IIULTRA GOLD19,100$1.26M0.4%+19,100NewHistory
VNETVNET Group, Inc.SPONSORED ADS A184,400$1.07M0.4%−738,100−80.0%ReducedHistory
Laix Inc50736W204SPON ADS264,511$1.04M0.4%+264,511New–
Azul S A05501U106SPONSR ADR PFD47,700$718.0K0.2%00.0%Unchanged–
Puxin Ltd74704P405ADS211,098$439.0K0.2%+211,098New–
Molecular Data Inc60852L106SPONSORED ADS1,595,016$319.0K0.1%−695,554−30.4%Reduced–
FENGPhoenix New Media LtdSPONSORED ADS220,413$123.0K<0.1%−297,387−57.4%ReducedHistory

Sold out since Q4 2021 (9)

Positions held at the end of Q4 2021 that are gone from this filing.

Positions of TB Alternative Assets Ltd. sold out since Q4 2021
SecurityClassShares in Q4 2021Value in Q4 2021% of portfolio in Q4 2021History
Kraneshares Trust500767306CSI CHI INTERNET273,700$9.99M3.0%–
ProShares Tr74347G861ULTRAPRO SHT QQQ1,148,100$6.82M2.0%–
EDUNew Oriental Education & Technology Group Inc.SPON ADR2,941,000$6.18M1.8%History
HUYAHUYA Inc.ADS REP SHS A306,800$2.13M0.6%History
Laix Inc50736W105ADS3,703,164$2.08M0.6%–
TALTAL Education GroupSPONSORED ADS329,700$1.30M0.4%History
BZUNBaozun Inc.SPONSORED ADR70,100$974.0K0.3%History
Puxin Ltd74704P108ADS2,147,992$857.0K0.3%–
WDHWaterdrop Inc.ADS170,600$235.0K0.1%History